Blue Capital will consider options to put to shareholders in the London-listed Alternative Income Fund after its shares traded at a 5 percent discount to their net asset value for the three month period ending on 31 August, the company said today.
Shrinking hedge fund Pine River Capital Management has shut its ILS desk, joining the ranks of generalist asset managers that have retrenched from the sector, Trading Risk revealed this month.
The Canada Pension Plan Investment Board (CPPIB) will support Lloyd's insurer Ascot's plans to grow its newly launched MGA platform, Ethos Specialty Insurance Services.